Eisler Capital Management Ltd. Takes $879,000 Position in Air Transport Services Group, Inc. (NASDAQ:ATSG)

Eisler Capital Management Ltd. acquired a new stake in Air Transport Services Group, Inc. (NASDAQ:ATSG) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 40,000 shares of the transportation company’s stock, valued at approximately $879,000. Eisler Capital Management Ltd. owned 0.06% of Air Transport Services Group at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ATSG. Independence Bank of Kentucky acquired a new position in Air Transport Services Group in the 4th quarter valued at approximately $33,000. Sterling Capital Management LLC increased its holdings in Air Transport Services Group by 797.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,642 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 1,459 shares during the period. AlphaQuest LLC raised its position in Air Transport Services Group by 89.8% during the 4th quarter. AlphaQuest LLC now owns 2,634 shares of the transportation company’s stock worth $58,000 after purchasing an additional 1,246 shares during the last quarter. Covestor Ltd lifted its holdings in Air Transport Services Group by 96.8% during the 4th quarter. Covestor Ltd now owns 3,729 shares of the transportation company’s stock worth $82,000 after buying an additional 1,834 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Air Transport Services Group in the 4th quarter valued at about $99,000. Institutional investors own 91.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Air Transport Services Group in a research note on Thursday. They issued a “hold” rating on the stock.

Air Transport Services Group Stock Performance

Shares of ATSG opened at $22.48 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.68 and a debt-to-equity ratio of 1.06. The firm’s fifty day simple moving average is $22.42 and its two-hundred day simple moving average is $21.92. Air Transport Services Group, Inc. has a 12 month low of $11.69 and a 12 month high of $22.49. The stock has a market capitalization of $1.48 billion, a P/E ratio of -561.86 and a beta of 0.89.

Air Transport Services Group (NASDAQ:ATSG) last released its earnings results on Monday, March 3rd. The transportation company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. Air Transport Services Group had a positive return on equity of 3.12% and a negative net margin of 0.12%. The business had revenue of $1.96 billion during the quarter, compared to analysts’ expectations of $521.36 million. As a group, analysts predict that Air Transport Services Group, Inc. will post 0.83 EPS for the current year.

Air Transport Services Group Profile

Air Transport Services Group, Inc, together with its subsidiaries, provides aircraft leasing, and air cargo transportation and related services in the United States and internationally. It operates in two segments, Cargo Aircraft Management Inc (CAM) and ACMI Services. The company offers aircraft, flight crews, aircraft hull and liability insurance, and aviation fuel services; and aircraft maintenance and modification services, including airframe modification and heavy maintenance, component repairs, engineering services, and aircraft line maintenance.